Tyler Perry net worth in 2024 is a hot topic for fans and followers. The famous filmmaker, actor, and writer has made a big mark in Hollywood. Known for creating popular films and shows, Perry has built a strong career over the years. His work has earned him a lot of money and respect in the entertainment world.
Let’s explore his earnings, sources of income, and the path that has led to his impressive net worth.
Tyler Perry in Brief
Full Name | Tyler Perry |
Date of Birth | September 13, 1969 |
Place of Birth | New Orleans, Louisiana, USA |
Occupation | Filmmaker, Actor, Writer, Producer |
Height | 6 ft 5 in (196 cm) |
Spouse | Gelila Bekele |
Children | Aman |
Net Worth | $1.4 Billion |
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What is Tyler Perry Net Worth in 2024?
Tyler Perry is an American actor, filmmaker, and playwright with a net worth of $1.4 Billion as of 2024, according to Forbes. Tyler Perry’s wealth mainly comes from owning the rights to his TV shows, movies, and plays.
He is one of the most successful directors in the entertainment industry. Perry has directed and produced over 30 movies, like “Madea’s Family Reunion,” and more than 20 stage plays. He also created TV shows like “The Haves and the Have Nots.”
Every year, Tyler Perry makes between $200 and $250 million from his work. His production company also earns $150 million yearly from a deal with ViacomCBS. Perry’s success shows the large amount of money he has made in Hollywood.
Tyler Perry’s Early life
Tyler Perry, born Emmitt Perry Jr. in New Orleans, grew up with a hard life. His father, Emmitt Perry Sr., a carpenter, was abusive, and Perry later described his childhood as a “living hell.” His mother, however, provided comfort by taking him to church every week. At age 16, he changed his name to Tyler to distance himself from his father.
In his 20s, Tyler shared a painful truth: he had been molested at age 10 by a friend’s mother. Three men had also moted him before that. Later, he found out that his father had molested his friend. After taking a DNA test, Perry learned that Emmitt Sr. was not his biological father.
Though he didn’t finish high school, Perry got his GED. His path to success began when he saw an episode of “The Oprah Winfrey Show,” where he learned that writing could help people deal with their problems. Inspired by this, Perry began writing letters to himself. These letters became the basis for his musical “I Know I’ve Been Changed.”
Tyler Perry’s Career
Stage Career
Tyler Perry began his career in Atlanta around 1990, using his $12,000 life savings to fund his first play, I Know I’ve Been Changed. The play, dealing with themes of faith and family struggles, did not succeed at first. Over the next six years, Perry rewrote it and gained success in 1998, performing at the House of Blues and Fox Theatre.
He toured the “urban theater circuit” and built a strong following, particularly among African American audiences. By 2005, Forbes reported Perry had sold over $100 million in tickets, $30 million in videos, and $20 million in merchandise. Each year, Perry’s 300 live shows were seen by an average of 35,000 people a week.
Film Success
Using $5.5 million from his stage shows, Perry funded his first film, Diary of a Mad Black Woman, which earned $50.6 million. Perry directed his next movie, Madea’s Family Reunion, which made $65 million. Movies like Daddy’s Little Girls $31 Million, Why Did I Get Married? $21.4 million, and Meet the Browns $20.1 million followed. His biggest success came with Madea Goes to Jail, which made $41 million on its opening weekend.
Perry also co-produced Precious with Oprah Winfrey, which was based on the novel Push. In 2010, he directed For Colored Girls, an adaptation of the famous play. By 2011, Perry’s films had grossed over $500 million worldwide.
Television Impact
Perry produced Tyler Perry’s House of Payne, which aired from 2006 to 2012. The show dealt with real-life issues faced by African American families. The success of this show led to a $200 million, 100-episode deal with TBS. Perry also produced Meet the Browns, another hit sitcom.
Partnerships and Expansion
All of Perry’s films are co-produced with Lionsgate Entertainment, but Perry retains full ownership under Tyler Perry Films. His works have primarily been released in the U.S., but in 2010, Lionsgate expanded distribution to the UK.
Work with Oprah
Tyler Perry, a famous filmmaker and actor, worked with Oprah Winfrey in 2009 to produce the movie Precious: Based on the Novel ‘Push’ by Sapphire. Oprah praised Perry, saying he celebrates strong Black women through his work.
In 2012, Perry started a special partnership with Oprah’s network, OWN. This deal aimed to create new scripted shows, building on Perry’s previous success. One of his popular shows, For Better or Worse, based on his films Why Did I Get Married? and Why Did I Get Married Too?, began on TBS in 2011 but moved to OWN after it was canceled.
Perry’s other hit shows on OWN include The Haves and the Have Nots, which started in 2013 and became very popular. It set records for the highest ratings on OWN. Another show, Love Thy Neighbor, did not perform as well but still contributed to the network’s growth.
In 2014, Perry created another show called If Loving You Is Wrong, based on his movie The Single Moms Club.
Tyler Perry Studios
In 2015, Perry bought a large former military base in Atlanta and turned it into Tyler Perry Studios. This studio became known for filming big projects, including the Black Panther movie. It has many impressive sets, like a replica of a White House and a diner from the 1950s. Tyler Perry Studios is one of the biggest film studios in the U.S., making Perry the second African American to own a major studio.
ViacomCBS and Books
In 2017, Perry signed a deal with ViacomCBS for 90 new shows each year. This agreement helped launch successful series like The Oval and Sistas.
Perry is also a successful author. His first book, Don’t Make a Black Woman Take Off Her Earrings, became a bestseller. His second book, Higher Is Waiting, also did well.
Tyler Perry’s work with Oprah and his creative projects show how he has made a big impact in film, television, and literature.
Tyler Perry’s Personal Life
Tyler Perry is famous and has many friends, including Janet Jackson, Will Smith, and Oprah Winfrey. He is a Christian, and his movies and plays often show themes from the Black church. His work features church settings and gospel music, celebrating African American culture.
In 2009, Perry helped 65 children from a Philadelphia day camp. They were turned away from a swim club because of their race. Perry wanted to show them that kindness exists in the world, saying, “For every act of evil, there are millions who will do something kind.”
Perry’s mother, Willie Maxine Perry, died in December 2009. He continues to live and work in Southwest Atlanta, where he runs his film and TV studios. In 2010, he bought a large estate in Atlanta but never built a new home there after tearing down the old mansion.
In 2014, Perry welcomed a son named Aman with his partner, Gelila Bekele. By December 2020, he was single again.
In 2021, Prince Harry and Meghan Markle shared that Perry helped them by giving them a place to stay and security when they moved to California. Perry is also the godfather of their daughter, Princess Lilibet.
Perry has talked about his struggles with depression and revealed he tried to end his life several times before becoming successful. To overcome his fear of flying, he took lessons and became a private pilot. He now flies his plane, a Cirrus SR22T.
Tyler Perry Legal Issues
Perry vs. Writers Guild
The Writers Guild of America, West, filed complaints with the National Labor Relations Board. They said that Tyler Perry’s company, Tyler Perry Studios, unfairly fired four writers in October 2008. These writers were trying to get a union contract. The problem was fixed a month later when Tyler Perry Studios agreed to work with the Writers Guild.
Mo’ Money Taxes
In early 2009, Tyler Perry also took action against a tax company called Mo’ Money Taxes. This company made a TV ad that Perry thought mocked his movie, “Madea Goes to Jail.” The ad showed a man dressed as a woman named “Ma’Madea.” Perry felt this was disrespectful, so the company stopped showing the ad.
Tyler Perry’s Real Estate
The $100 Million Atlanta Mansion
Perry is building a $100 million mansion on 1,200 acres in Douglas County. This estate will have a 35,000-square-foot mansion, a large lake, and a private jet landing strip. The property is close to his 330-acre movie studio, Tyler Perry Studios.
Atlanta Estates
In 2007, Perry bought a large 17-acre estate in Buckhead, Atlanta, for $9 million. He later sold it for $17.5 million in 2016, which was a record sale in Georgia.
He owns a 2,100-acre estate in Douglasville, Georgia, with a huge 40,000-square-foot house and even a private airstrip.
Los Angeles Homes
In Mulholland Estates, a fancy neighborhood, he bought a home for $14.5 million and sold it for $15.6 million to Pharrell Williams.
He also has a 25,000-square-foot mansion in Beverly Ridge Estates, which he made available for Prince Harry and Meghan Markle.
Vacation Homes
Perry owns a 14,000-square-foot mansion on White Bay Cay in the Bahamas, which he bought for $6.4 million in 2009. He also has a vacation home in Wyoming.
Private Jets
Tyler Perry owns a Gulfstream III private jet, which cost him $125 million to buy and customize. He spent another $50 million on upgrades like a screening room and VIP bedroom. He uses this jet for charity work, helping those in need after disasters. He also has a second jet and used to own a Gulfstream V jet before selling it.